This property might be a fair Mid-Term investment with a projected 4.51% first-year return on $61,428 initial cash invested.
4.51%
Cash On Cash
8.63%
Cap Rate
1.29
DSCR
$2,514
Rent
$231
Cashflow
Cash Flow
$2,514 income − $2,283 expenses = $231 cash flow
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,428
Downpayment
20%
$41,360
Closing costs
1%
$2,068
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,514
Total Expenses
$2,283
Mortgage P&I
46%
$1,155
Property Taxes
8%
$209
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277